June 6, 2025 New Zealand News Subdued Mood Continues Across NZ Steel Industry The Building Research Association of New Zealand (BRANZ) says the country´s construction sector remained subdued with low activity levels persisting through the first quarter of 2025. Large, publicly-funded infrastructure investment will hereafter shape the sector’s fortunes, and the current narrow pipeline of […]
Next Steel Market Summary – Australia
June 6, 2025 Steel Market Summary – Australia Local Fabricators Rally Against Imported Steel An existing problem for Australian steel fabricators has been made worse by Donald Trump´s decision to double tariffs to 50% on steel and aluminium being imported into the United States. By raising the barrier to entry from June 4 onwards, Trump […]
Steel Market Summary – Australia
May 18, 2025 Steel Market Summary – Australia Local Steel Fabricators Under Foreign Pressure The Australian Steel Institute (ASI) says it´s working with state and federal governments to support Australian steel fabricators and manufacturers who have been undercut by a surge in low-priced, imported fabricated steel. The action comes on the back of a 2024 […]
BHP May 6 News
April 17, 2025 Press Release Record Iron Ore And Copper Production Show Resilience Of Business BHP has released its operational review for the nine months ended 31 March 2025. Commenting on the review, the company´s chief executive officer, Mike Henry, said: “BHP’s performance in the 2025 fiscal year (FY25) to date demonstrates the resilience of […]
Fortescue May 6 News
April 29, 2025 Industry News Fortescue´s Record Nine Months Of Production And Shipments Fortescue has released its March 2025 Quarterly Production Report which gives details of the nine months leading to the end of the third quarter of the 2025 fiscal year (Q3 FY25). Dino Otranto, the chief executive officer of Fortescue Metals said, “We […]
New Zealand News
May 6, 2025 New Zealand News Industry Leadership Is Strengthening Health And Safety The workplace health and safety review currently being undertaken in New Zealand is pivotal for the country and will have a significant impact on the steel industry. The review is a once-in-a-generation chance not just to tweak, but to fully overhaul New […]
Steel Market Summary – International
May 6, 2025 Steel Market Summary – International US Tariffs Accelerate Global Trend Of Protectionism The imposition by Donald Trump of 25% steel and aluminium tariffs, followed in early April by a minimum 10% tariff on all goods imported into the United States has unleashed a wave of retaliatory measures – some justified, some opportunistic. […]
SMS-Aust 6 May25
May 6, 2025 Steel Market Summary – Australia Labor´s Election Triumph Encouraging For Steel Industry The electoral victory of Anthony Albanese has given some stability to the economic future of Australia and, as a consequence, to the steel industry. Principal among the beneficiaries of Labor´s success will be the Whyalla Steelworks which, it must be […]
SMS-Aust 18 Apr25
April 18, 2025 Steel Market Summary – Australia Government And Industry Take Arms Against Tariffs The Federal Government and the Australian Steel Institute have both called for stronger action to be taken to combat the direct and indirect consequences of Donald Trump´s global trade war. The Prime Minister, Anthony Albanese, said Australia will bolster its […]
InfraBuild April 18 News
April 16, 2025 Industry News InfraBuild´s Bondholders Provide An Additional US$150 Million In Funding InfraBuild has finalised its transaction seeking consent from its bondholders, with a significant majority of notes holders voting in favour of providing greater flexibility and liquidity for the company. The outcome of the transaction allows InfraBuild to withstand the current market […]